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257 Arkansas Highway 230
Cave City, AR 72521
Shauna Baxter with Carpenter Real Estate, original listing - (870) 283-5132
$725,000
Conventional
Property
Bedroom
6
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
6385 Square Feet
Property Description
Are you seeking a distinctive home that makes a lasting impression? This property is the epitome of statement living! With 3 stories, an indoor heated pool housed in a temperature-controlled building, and 10 acres of land, this home offers unparalleled luxury and space. As you enter the property, the inviting driveway, framed by rock pillars and lined with trees, leads you to a unique circular drive that brings you right to the front door. The 6,385 sq. ft. home, with its striking cedar shake siding and grand pillars, will captivate every visitor. Upon entering through the custom double front doors, you'll be greeted by gleaming porcelain tile, custom drapes, and meticulous attention to detail that will leave you eager to explore further. The first floor offers a formal layout with a spacious living room, a formal dining room featuring a crystal chandelier and wall sconces, and a versatile open area that can be customized to suit your needs. This level also includes a large walk-through pantry/storage area, a kitchen space awaiting your personal touch, and plumbing and electrical work already in place, offering options for electric or propane cooking. A smaller pass-through kitchen, fully equipped with stainless steel appliances, also includes a half bath and a laundry room with granite countertops, complete with washer and dryer. The newly renovated master suite, located on the first floor, is expansive and luxurious. The master closet, equipped with custom shelving and racks, offers generous storage. A covered concrete patio off the main floor leads to a storm shelter, while a single-vehicle garage with built-in shelving offers additional storage space. The second floor has a traditional design, ideal for entertaining. This level features a large, open room with a balcony overlooking the picturesque farm, a newly renovated laundry room, three guest bedrooms (two with custom-built desks and entertainment centers), and two full baths. A smaller lounge area provides additional space for relaxation. Access to a large balcony that spans the entire length of the home offers sweeping views. The third floor has a rustic feel, providing a cozy lounge area and two spacious bedrooms. Large windows on this floor frame stunning views, making it the perfect retreat. All windows throughout the home are new, with most being Anderson wood, energy-efficient, low-E glass. Each floor is equipped with separate air handling systems and a central vacuum system, ensuring convenience and comfort throughout the home. The true standout feature of this property is the indoor pool, located just outside the backdoor. The 19x39 pool is housed in a 1,984 sq. ft. temperature-controlled building with a new Pool Pak humidity control system and a dedicated A/C unit. New windows and a full set of colorful pool chairs and matching tables are included, creating a perfect environment for relaxation and recreation. Additional features include a detached two-vehicle garage with a heated and cooled workspace, along with another detached storage shed. The 10-acre property offers ample space for livestock, including horses, goats, sheep, or even a few cows. A barn provides shelter for equipment, hay, and feed, or could be repurposed as animal housing. The property is equipped with well water extending to the far end of the land, with five waterers and electric spigots throughout. This extraordinary property is truly one of a kind. With its unparalleled amenities, expansive land, and customizable living spaces, it must be seen to be fully appreciated.
Property Information
Lot Size
10 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
257 Arkansas Highway 230
City
Cave City
State
AR
Zip Code
72521
County
SHARP
Listing
Provider
Carpenter Real Estate, original listing
Name
Phone
(870) 283-5132
Office Name
Office Phone
(870) 283-5132
Agent Name
Shauna Baxter
Agency Phone
(870) 283-5132

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.